Risk Management – Page 52
-
NewsNearly one in five SMEs cutting insurance cover – Allianz
This development ’raised the risk’ of underinsurance, says insurer
-
NewsGeneral insurance receives 19,346 new complaints over H2 2022 – FOS
The upheld rate is ’back above pre-pandemic levels’ in a concerning turn for the sector, says co-founder
-
NewsHNW clients more concerned about crime since cost of living crisis – Ecclesiastical
‘Brokers play an important role in helping high net worth clients understand the risks they are facing,’ says art and private client business director
-
News AnalysisBriefing: Insurers facing flood dilemma as new models remove all doubt
New research provides greater certainty around potential flood events and their location – but how will these details impact the cover offered by insurers?
-
NewsSummer 2022 heatwave saw surge in subsidence payouts – ABI
Insurers are expected to pay £219m in subsidence claims for 2022 caused by last summer’s ’record breaking high temperatures’, says association
-
NewsAnimal infestation home insurance claims on the rise
Home insurance claims relating to animal infestation are at ‘an all-time high’, according to new data
-
NewsInsurers could reject customers’ cat cover as new law issued
A policy could be invalidated if chip details are not correct, a pet insurance expert warned
-
NewsNew MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
-
NewsBriefing: Cyber clarity move may encourage underwriters to byte
Although the insurance industry may not have the ‘muscle memory’ to react to a major cyber event, Lloyd’s of London’s attempts to clarify cover around state-backed attacks could present opportunities for brokers
-
NewsFlood Re completes East Peckham pilot to score properties’ flood resilience
The reinsurance scheme hopes its new flood resilience scoring could help underpin future insurer pricing
-
NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
-
NewsBrokerFest 2023 in pictures
Missed out on some of the sessions at BrokerFest 2023 on 23 February 2023? Check out Insurance Times’ photos of the event
-
NewsUK’s most populated cities could see spike in risk of major flooding events
Flood Re says the findings ’support all the existing research on the impact of flooding in the UK’
-
News Analysis‘All or nothing’ parametric policies can ‘cause problems’ despite benefits
The growth of parametric insurance propositions is undeniable, however there is a risk of legal disputes if policy terms are not crystal clear, says law firm partner
-
NewsDirectors and insurers warned ESG litigation set to snowball
‘ESG is a business imperative for every company,’ warned partner
-
NewsAre more businesses choosing to go down the self-insurance route?
Sense Consortium’s president believes insurers could ‘suddenly wake-up’ to less business
-
NewsCompanies at risk of legal action amid likely PFAS clampdown, warn lawyers
There are growing concerns over the impact of the chemicals on human health
-
NewsEntertainment industry ‘not out of the woods yet’ despite recovery – Allianz
The insurer warned the sector ‘must continue to evolve’
-
NewsExperience is key to avoiding becoming a long tail casualty – Casper
‘The key is to be there for your clients when they need you,’ says chief executive
-
News Analysis‘Cyber and technology risks’ pose ‘key challenges’ for aviation sector
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
